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We're booking some big profits on a big winner since earnings
This sale does not reflect any change to our long-term positive thesis.
14 words~1 min read
This sale does not reflect any change to our long-term positive thesis.
Get this delivered to your inbox, and more info about our products and services.

We're peeling off some shares, which were bucking Wednesday's broader market decline.

We're also downgrading the stock in conjunction with the sale.

From this sale, we will realize an average gain of about 25%.

Our sale does not change our long-term thesis.

We're taking most of the sale proceeds to further build up and lower our average cost basis in another stock.

The financials were one of the top-performing groups in the market Wednesday, and we are capitalizing on this strength.